NEW YORK — Men’s wear stalwart Karen Murray exited Liz Claiborne in a corporate restructuring announced Wednesday, after the market had closed.
Murray, who held the title of group president, had been with the $5 billion company for 15 years. Up until February, she had been responsible for the company’s men’s wear brands, including Claiborne, Enyce, Concepts by Claiborne, and Axcess Men’s. Her departure from the company may have been telegraphed then, when new CEO Bill McComb gave Murray’s men’s wear portfolio to Pamela Thomas-Graham, another group president, in a move to consolidate brand stewardship of the Liz Claiborne brand under a single executive.
In this most recent re-shuffling of duties and corporate structure, all five group president positions were eliminated, with McComb re-organizing the company into two distinct divisions: a vertically-organized “direct brands” retail unit, and a wholesale “partnered brands” unit.
Jill Granoff, formerly group president of direct-to-consumer, was named executive vice-president of direct brands, with oversight of Juicy Couture, Lucky Brand, Sigrid Olsen, and the company’s outlet and e-commerce operations. She reports to McComb.
Trudy Sullivan, president of Liz Claiborne, will lead the partnered brands division, which includes five business groups: Liz Claiborne/Claiborne, Monet and the moderate department store brands; C&C California, Dana Buchman, Ellen Tracy, Enyce, Laundry by Design, Mac & Jac/Kensie and Prana; JC Penney, Kohl’s and Sears; DKNY Jeans and DKNY Active; and cosmetics and fragrances. Sullivan continues to report to McComb.